New Age Metals Inc V.NAM

Alternate Symbol(s): NMTLF

Metals & Mining Industrial Metals & Minerals

New Age Metals Inc. is a Canada-based junior mineral exploration and development company. The Company is focused on the discovery, exploration and development of green metal projects in North America. It has two divisions: Platinum Group Element division and Lithium/Rare Element division. Platinum Group Element division includes the 100% owned, multi-million-ounce, district-scale River Valley Project, which is a North America’s undeveloped Platinum Group Element Projects, situated 100 kilometers by road east of Sudbury, Ontario. In addition to River Valley, the Company owns 100% of the Genesis PGE-Cu-Ni Project in Alaska. Lithium/Rare Element division is a mineral claim holder in the Winnipeg River Pegmatite Field, where the Company is exploring for hard rock lithium and various rare elements, such as tantalum, rubidium, and cesium. Its Lithium Project includes Lithium One, Lithman East, Lithman West, Lithman North, Lithium Two, Lithium East Extension and Cat Lake Lithium Project.

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New Age Metals Inc

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Post by goldennorthon Apr 29, 2022 6:46pm

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Post# 34643995

Lithium Is In Crucial Demand

The need for lithium is at a crucial point. Canada has the potential to be a world class supplier.

"Lithium is the biggest piece of the problem. The lightweight metal is essential to the lithium-ion batteries that power not only EVs, but iPhones and other contemporary devices. The element itself is plentiful, but there isn’t enough mining going on globally, and precious little production happens in the US."

https://www.mining.com/web/ford-and-gm-need-us-battery-sector-to-avert-another-supply-shock/